38/9 Greg Norman DrivePoint Cook VIC 3030
Property Details for 38/9 Greg Norman Dr, Point Cook
38/9 Greg Norman Dr, Point Cook is a 2 bedroom, 2 bathroom Unit with 1 parking spaces and was built in 2005. The property has a land size of 238m2 and floor size of 238m2. While the property is not currently for sale or for rent, it was last sold in January 2026. There are other 2 bedroom Unit sold in Point Cook in the last 12 months.
Last Listing description (May 2018)
Positioned within the highly sought after Sanctuary Lakes Resort, this double storey stunning townhouse enjoys unobstructed views of the 18th fairway with lake views of the Sanctuary Lakes Golf Club.
This low maintenance residence features 2 bedrooms, 2 bathrooms, each with its own ensuite, an open plan kitchen with stainless steel appliances, split system air conditioning units, a spacious backyard and a balcony overlooking the lake and golf course.
Guests will also have access to the resort's facilities such as tennis courts, driving range and golf course, an indoor heated lap pool, spa, sauna, gymnasium, a business centre with conference rooms, and caf/bar/restaurant. Its tranquil setting and minimal traffic makes it an appealing destination for families, couples, friends and single travelers alike.
This property is currently on a long term lease with Quest, one of Australia's largest and most reputable service apartment operators. Its attention to detail and quality of this property has been reflected in winning the 2014 and 2015 Trip Advisor Certificate of Excellence.
The resort, which is located in Point Cook, one of Melbourne's fastest growing suburbs, offers an exceptional investment opportunity for the astute investor. Combining guaranteed rental income plus 4% rental increases annually, it's a perfect set and forget investment and an opportunity not to be missed!
Lease Details:
- Leased till 21st Jan 2022 with further 4 x 5 years option
- Rent (from 22nd Jan 2018): approx. $438.80 per week, $1,906.67 per month, $22,880 per year
- Current Returns : 6.27% approx p.a.
- Rental increase: 4% annually with market review at the end of each term
Property History for 38/9 Greg Norman Dr, Point Cook, VIC 3030
- 13 Jan 2026Sold for $255,000
- 20 Feb 2018Sold for $338,000
- 08 Sep 2017Listed for Sale $365,000
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About Point Cook 3030
The size of Point Cook is approximately 38.9 square kilometres. It has 97 parks covering nearly 27.7% of total area. The population of Point Cook in 2016 was 49929 people. By 2021 the population was 66781 showing a population growth of 33.8% in the area during that time. The predominant age group in Point Cook is 30-39 years. Households in Point Cook are primarily couples with children and are likely to be repaying $1800 - $2399 per month on mortgage repayments. In general, people in Point Cook work in a professional occupation.In 2021, 65.50% of the homes in Point Cook were owner-occupied compared with 67.40% in 2016.
Point Cook has 27,117 properties. Over the last 5 years, Houses in Point Cook have seen a 27.13% increase in median value, while Units have seen a 28.48% increase. As at 28 February 2026:
- The median value for Houses in Point Cook is $903,482 while the median value for Units is $630,169.
- Houses have a median rent of $570 while Units have a median rent of $520.
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